IDEAS home Printed from https://ideas.repec.org/a/vra/journl/v7y2018i2p133-141.html
   My bibliography  Save this article

Optimizing the Transport Using Costs and Time Criteria

Author

Listed:
  • Rosen Nikolaev

    (University of Economics - Varna)

  • Tanka Milkova

    (University of Economics - Varna)

Abstract

Considering the need of every business company, which is managed rationally, to maintain high levels of efficiency, a special attention should be paid on all the costly activities, some of them concerning the transportation of material flows. These needs are covered by different scientific methods with the most popular of them concerning the application of the transportation problem model. Considering the specific needs of each particular economic system, a modification of that model is presented in this paper, accounting both indicators – transportation time and transportation costs. In order to demonstrate the effect of the application of the model, an approbation with exemplary numerical data is given.

Suggested Citation

  • Rosen Nikolaev & Tanka Milkova, 2018. "Optimizing the Transport Using Costs and Time Criteria," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 7(2), pages 133-141, November.
    • Handle: RePEc:vra:journl:v:7:y:2018:i:2:p:133-141
    as

    Download full text from publisher

    File URL: http://www.su-varna.org/izdanij/2018/EconomicSciencesSeries_2018_2/133-141.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    optimizing; transportation costs; transportation time;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vra:journl:v:7:y:2018:i:2:p:133-141. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pavel Petrov (email available below). General contact details of provider: https://edirc.repec.org/data/uevecea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.